Trumping the People: How the Corporate Elite Benefitted From the Trump Administration
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Published:2022
Joshua Murray, 2022. "Trumping the People: How the Corporate Elite Benefitted From the Trump Administration", Trump and the Deeper Crisis, Kevin A. Young, Michael Schwartz, Richard Lachmann
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Abstract
Donald Trump portrayed himself as a crusader against corrupt elites, claiming he would “drain the swamp.” Corporate elites generally depicted themselves as either trying to work with him or as directly opposed to him. Yet a closer analysis of Trump's policies and their outcomes in key issue areas, from taxes to immigration to the environment, shows continuity with previous pro-corporate policies. Furthermore, by positioning Trump as opposed to the elite, Trump and commentators on his presidency created a “radical flank” effect that made status quo, pro-corporate policies appear as progressive victories. This analysis suggests that a focus on the personal characteristics of politicians is misleading, and that the focus of political discourse needs to be on the power structure that shapes policy outcomes.
